Holding in Company

Capital & Regional PLC
10 August 2001


NOTIFICATION OF INTEREST DISCLOSURE PURSUANT TO SECTION 198 COMPANIES ACT 1985

On 10th August 2001, the Company received notification of the following
interests in ordinary shares of 10p each in Capital & Regional plc:

Beneficial Holder     Registered Holder                               No. of
                                                                      Shares
Starlight Investments Vidacos Nominees Ltd A/C 'Bear'                 225,000
Ltd

Dawney Day Properties Chase Nominees Ltd                              2,300,000
Ltd

Pincus Pension Plan   CNB Trust A/C Bear 'Pincus Pension Plan'        50,000

Brian & Hannah Smouha CNB Trust A/C Bear 'Brian & Hannah Smouha'      70,000

Tarragona Investment  Chase Manhattan -London A/C Lehman Bros         634,500
Group Ltd             Tarragona Investment Group Ltd

The total holding of Starlight Investments Ltd and its associates is 3,280,000
ordinary shares representing 4.16% of the issued share capital. Their holding
has increased from 3.05% to 4.16%.

END